Repurchase (repo) transactions in securities or equivalent rights carried out on a stock exchange, as well as repos and fiduciary transfers of title by way of security (alienação fiduciária em garantia) carried out by financial institutions, in particular by credit institutions and financial companies, with the interposition of central counterparties, are exempt from stamp duty.
Beneficiam de isenção de imposto do selo as operações de reporte de valores mobiliários ou direitos equiparados realizadas em bolsa de valores, bem como o reporte e a alienação fiduciária em garantia realizados pelas instituições financeiras, designadamente por instituições de crédito e sociedades financeiras, com interposição de contrapartes centrais.
The exemption is from stamp duty and covers exchange-traded securities repos and repos and fiduciary transfers of title by way of security by financial institutions with the interposition of central counterparties.
We check eligibility for IFICI, the Madeira regime, the start-up and capitalisation incentives and the property benefits, prepare the registrations and claims, and model what the benefit is worth, in English. A written answer and a fixed quote within one working day.
Unofficial English translation prepared by BCA Portugal for reference. Only the Portuguese text published in the Diário da República has legal force. Editorial notes are ours and are not part of the statute.